[unable to retrieve full-text content]CoinspeakerChina’s Largest Indebted Property Developer Evergrande Reports $81B Loss in Two Years As Evergrande grapples with its financial challenges, the company has been actively pursuing an offshore debt restructuring plan. China’s Largest Indebted Property Developer Evergrande Reports $81B Loss in Two Years
Read More »US SEC Reviewing All Recent Spot Bitcoin ETF Applications
[unable to retrieve full-text content]CoinspeakerUS SEC Reviewing All Recent Spot Bitcoin ETF Applications The US SEC has started reviewing all the spot Bitcoin ETF filings re-submitted by all applicants along with a "surveillance sharing" clause. US SEC Reviewing All Recent Spot Bitcoin ETF Applications
Read More »Treasury Yields Decline as Investors Remain Cautious about US and Global Economy
[unable to retrieve full-text content]CoinspeakerTreasury Yields Decline as Investors Remain Cautious about US and Global Economy Treasury Yields are falling further due to general uncertainty in the market regarding interest rates and monetary policies. Treasury Yields Decline as Investors Remain Cautious about US and Global Economy
Read More »JPMorgan Reports Q2 2023 Figures Scaling Analysts’ Estimates on Revenue and EPS
[unable to retrieve full-text content]CoinspeakerJPMorgan Reports Q2 2023 Figures Scaling Analysts’ Estimates on Revenue and EPS The increase in Q2 2023 figures show that JPMorgan is not negatively affected by its recent acquisition of First Republic Bank. JPMorgan Reports Q2 2023 Figures Scaling Analysts’ Estimates on Revenue and EPS
Read More »Delta Air Lines Announces Highest Quarterly Revenue and Profitability in Airline’s History
[unable to retrieve full-text content]CoinspeakerDelta Air Lines Announces Highest Quarterly Revenue and Profitability in Airline’s History Delta Air Lines shares are up today after the company reported an adjusted revenue of $14.61 billion vs. $14.49 billion expected by analysts. Delta Air Lines Announces Highest Quarterly Revenue and Profitability in Airline’s History
Read More »BlackRock Spot Bitcoin ETF Could Unlock $30T Worth of Capital
[unable to retrieve full-text content]CoinspeakerBlackRock Spot Bitcoin ETF Could Unlock $30T Worth of Capital Over the past decade, the SEC has rejected as many as 30 spot Bitcoin ETF applications from firms such as Gemini, Fidelity, and WisdomTree. BlackRock Spot Bitcoin ETF Could Unlock $30T Worth of Capital
Read More »Veteran Economist Steve Hanke Suggests that US Inflation Is Now Gone
[unable to retrieve full-text content]CoinspeakerVeteran Economist Steve Hanke Suggests that US Inflation Is Now Gone Hanke's commentary follows barely 24 hours after the US inflation rate for June came in lower than expected at 3%. Veteran Economist Steve Hanke Suggests that US Inflation Is Now Gone
Read More »US Stocks Rally as Inflation Numbers Come in Below Expectations
[unable to retrieve full-text content]CoinspeakerUS Stocks Rally as Inflation Numbers Come in Below Expectations The Federal Reserve is expected to raise interest rates at its July meeting, according to market estimates. US Stocks Rally as Inflation Numbers Come in Below Expectations
Read More »Nvidia Prepares to Be Anchor Investor in Arm IPO
[unable to retrieve full-text content]CoinspeakerNvidia Prepares to Be Anchor Investor in Arm IPO Sources familiar with the matter said that the two players have been negotiating over valuations. They also stated that SoftBank's founder Masayoshi Son is trying to find big investors for Arm, as SoftBank has plans to liquidate its stake. Nvidia Prepares to Be Anchor Investor in Arm IPO
Read More »SoftBank Group Is Contemplating US IPO for Its PayPay Payments Division
[unable to retrieve full-text content]CoinspeakerSoftBank Group Is Contemplating US IPO for Its PayPay Payments Division Before the end of 2023, SoftBank may finalize IPO efforts in the US for PayPay and Arm. SoftBank Group Is Contemplating US IPO for Its PayPay Payments Division
Read More »
Crypto EcoBlog
